Colo Catchup 3/27: Equinix, DLR, WiredRE, DFT

March 27th, 2012 by · Leave a Comment

Quick takes on some of the interesting colo and cloud news so far this week:

Equinix (NASDAQ:EQIX, news, filings) has had a busy week already. Today they announced a partnership with enterprise cloud platform provider Tier 3. Tier 3's public, private, and hybrid IaaS services will be available out of Equinix's IBXs, initially in Chicago and New York but with plans to expand the arrangement globally.  Meanwhile, Nirvanix announced the availability of direct connections to its cloud storage network from Equinix's New Jersey, Frankfurt, and Tokyo locations.  And ServiceSource says that Equinix has selected the company's service revenue management technology to help track the needs of its customer base, which has growth rather precipitously over the past few years both organically and inorganically.

Data center advisory firm Wired Real Estate Group (news) says it is helping out five of the top New England universities with a joint 15MW, 93,000 square foot data center project. MIT, Harvard, Northeastern, BU, and UMass are planning the new facility a hundred miles or so to the west in Holyoke, where they have received tax credits to offset the capital costs.

Missouri's alternative regional network operator Bluebird Networks has tapped Digital Realty's 210 N. Tucker facility for its St.Louis network hub. Bluebird was born out of the merger of the Missouri Network Alliance, the Illinois network alliance, and Bluebird media, and is currently buildout out rural fiber across Missouri with BTOP funds. When complete, they'll have 5,000 route miles in all. At 210 N. Tucker, Digital Realty Trust (NYSE:DLR, news, filings) is supplying its Powered Base Building space, within which Bluebird network will build the dedicated hub itself.

Dupont Fabros Technology (NYSE:DFT, news, filings) has expanded its borrowing capacity, increasing its unsecured revolving debt from $100M to $225M. They also lowered the interest rate to LIBOR+1.85% and pushed the maturity out to 2016. Dupont Fabros raised $62.6M in a sale of preferred stock back in January, with which it had paid off the outstanding balance of the former $100M line of credit. The REIT has been rather quiet in recent quarters relative to its brethren.

 

 

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